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Vanstar Mining Resources Inc. V.VSR

Vanstar Mining’s Nelligan gold project joint venture with IAMGOLD (25% VSR/75% IMG), located 60 kilometres SW of Chibougamau, Quebec. Vanstar retains 25% undivided non-contributory carried interest until commercial production. Nelligan is one of Quebec’s largest gold projects containing approximately 5.6 Moz of gold. Vanstar has signed an LOI with IAMGOLD to acquire a 75% interest in their Bousquet-Odyno property. The project is 6km from IAMGOLD’S Westwood mine.


TSXV:VSR - Post by User

Post by Kissimmeeon Jun 01, 2021 10:48pm
132 Views
Post# 33308810

4 month activity

4 month activityI am directing my questions to Management and the BOD. What plans do you have going  forward?  We know we won't hear anything from Img for the next few months (hopefully they are getting set to drill soon) and the relaxation of the covid restrictions will enable quicker assay results.  What about M&A? Are you doing anything in this regard - it would make sense that VSR take out under performing juniors before we get picked off ourself  VSR lost a huge opportunity with leverage as the stock price has collapsed!  
There are lots of deals to be done, take advantage of this gold market and do something, we still have 5 million to spend if you don't throw it all away on G&A!  
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